Form D · Hedge Fund

Saltstone Capital Energy Fund III, LP

Dallas, TX · CIK 0001852619

Offering snapshot reported Jul 27, 2022 · SEC filing

Reported sold: $2.07M
Investors reported: 18
Minimum accepted: $20K
First sale: Mar 12, 2021

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 18
Minimum accepted$1,000,000 → $20,000

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jul 27, 2022	Amendment	$2,070,000	No comparison	18	SEC filing
Mar 29, 2021	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-393838

Source: Form D, filed Jul 27, 2022. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

SALTSTONE CAPITAL ENERGY FUND III, LP

Investment adviser: SALTSTONE CAPITAL MANAGEMENT, LLC

Gross asset value: $2.07M
Beneficial owners: 27
ADV minimum commitment: $1M

Reported in Form ADV on Mar 31, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STRAIT CAPITAL - A SANNE COMPANY DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor SPICER JEFFRIES LLP DENVER, Colorado, United States

Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No

Prime broker WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

SPICER JEFFRIES LLP
PCAOB 349

WELLS FARGO SECURITIES, LLC
SEC 8-65876

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Filing source

Form ADV 1746137 · Mar 31, 2023 · Schedule D 7.B.(1), fund 805-1934492562

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Saltstone Capital Energy Fund I, LP	Jul 15, 2022	$15,325,152	56
SALTSTONE CAPITAL ENERGY FUND II, LP	Dec 23, 2019	$1,840,000	10
Saltstone Capital Energy Fund III, LP (this fund)	Jul 27, 2022	$2,070,000	18

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
William R. Bailey	Executive, Promoter
Scm Energy Equity Llc	Director
Saltstone Capital Management Llc	Promoter
Scm Energy Gp Lp	Director, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

750 N. Saint Paul Street Suite 304
Dallas, TX, 75201